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Australian (ASX) Healthtech Industry Analysis

UpdatedJul 23, 2024
DataAggregated Company Financials
Companies20
  • 7D-1.8%
  • 3M20.8%
  • 1Y79.0%
  • YTDn/a

Over the last 7 days, the Healthtech industry has dropped 1.8%, driven by a pullback from Pro Medicus of 0.5%. On the other hand PainChek is actually up 45%. This takes the industry's 12 month performance to a gain of 79%. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Australian Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jul 2024AU$15.2bAU$534.5m-AU$82,084,650.46110.3x-185.1x28.4x
Thu, 20 Jun 2024AU$15.6bAU$532.9m-AU$81,572,353.50113.3x-191x29.2x
Sat, 18 May 2024AU$13.9bAU$567.8m-AU$89,823,140.19100.9x-154.8x24.5x
Mon, 15 Apr 2024AU$12.9bAU$571.6m-AU$103,578,206.8393x-124.5x22.6x
Wed, 13 Mar 2024AU$12.1bAU$570.9m-AU$102,950,754.0786.8x-117.9x21.3x
Fri, 09 Feb 2024AU$12.8bAU$527.7m-AU$134,619,476.59110.6x-95.2x24.3x
Sun, 07 Jan 2024AU$11.3bAU$527.3m-AU$139,729,386.00100.7x-81.2x21.5x
Tue, 05 Dec 2023AU$10.9bAU$527.4m-AU$106,715,104.0098.6x-102.5x20.7x
Thu, 02 Nov 2023AU$9.7bAU$527.6m-AU$107,512,181.0090.7x-90.7x18.5x
Sat, 30 Sep 2023AU$10.4bAU$527.2m-AU$111,970,337.0095.5x-92.7x19.7x
Mon, 28 Aug 2023AU$9.3bAU$524.0m-AU$147,030,775.0084.5x-63.2x17.7x
Wed, 26 Jul 2023AU$8.7bAU$498.7m-AU$152,581,940.0092x-57.2x17.5x
Fri, 23 Jun 2023AU$8.9bAU$498.2m-AU$152,201,357.0098.6x-58.6x17.9x
Sun, 21 May 2023AU$8.0bAU$495.2m-AU$145,783,044.0088.6x-54.7x16.1x
Tue, 18 Apr 2023AU$8.2bAU$493.5m-AU$145,199,019.0087.7x-56.7x16.7x
Thu, 16 Mar 2023AU$7.9bAU$493.3m-AU$144,234,321.0085.3x-54.9x16x
Sat, 11 Feb 2023AU$8.5bAU$440.1m-AU$154,465,961.0094.1x-55.1x19.3x
Mon, 09 Jan 2023AU$7.4bAU$441.1m-AU$154,756,478.0079.6x-47.6x16.7x
Wed, 07 Dec 2022AU$7.9bAU$444.8m-AU$156,124,301.0084.6x-50.5x17.7x
Fri, 04 Nov 2022AU$7.4bAU$442.8m-AU$157,579,379.0078.6x-47.1x16.8x
Sun, 02 Oct 2022AU$6.8bAU$437.8m-AU$154,733,120.0075.1x-43.8x15.5x
Tue, 30 Aug 2022AU$7.0bAU$408.4m-AU$132,537,765.0071.8x-53.1x17.2x
Thu, 28 Jul 2022AU$6.7bAU$384.5m-AU$130,306,197.0078.3x-51.4x17.4x
Sat, 25 Jun 2022AU$5.8bAU$386.8m-AU$131,805,384.0069.6x-44.2x15.1x
Mon, 23 May 2022AU$6.0bAU$382.3m-AU$132,452,735.0067.5x-45.4x15.7x
Wed, 20 Apr 2022AU$7.2bAU$379.4m-AU$133,905,889.0081.8x-53.6x18.9x
Fri, 18 Mar 2022AU$6.8bAU$382.3m-AU$135,059,033.0075.8x-50x17.7x
Sun, 13 Feb 2022AU$7.0bAU$300.9m-AU$137,842,587.0099.5x-51x23.4x
Tue, 11 Jan 2022AU$8.1bAU$301.1m-AU$137,898,401.00119.5x-58.8x26.9x
Thu, 09 Dec 2021AU$8.6bAU$301.0m-AU$137,305,513.00126.2x-62.7x28.6x
Sat, 06 Nov 2021AU$9.0bAU$295.9m-AU$133,111,729.00130.4x-67.6x30.4x
Mon, 04 Oct 2021AU$8.4bAU$298.4m-AU$134,067,286.00119.4x-62.5x28.1x
Wed, 01 Sep 2021AU$9.0bAU$293.3m-AU$131,340,378.97123.3x-68.2x30.5x
Price to Earnings Ratio

-65.9x


Total Market Cap: AU$8.7bTotal Earnings: -AU$131,340,378.97Total Revenue: AU$293.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Healthtech Industry Price to Earnings3Y Average -73.8x202220232024
Current Industry PE
  • Investors are optimistic on the Australian Health Care Technology industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 20.8x is lower than the industry's current PS ratio of 28.4x.
Past Earnings Growth
  • The earnings for companies in the Health Care Technology industry have improved over the last three years.
  • Revenues for these companies have grown 22% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Comparison

How does Australian Healthtech compare with similar industries?

AU Market-1.17%
Healthcare-0.21%
Healthtech-1.82%
Healthtech-1.82%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PCK PainChekAU$0.04244.8%
+AU$21.3m
50.0%PS27.7x
4DX 4DMedicalAU$0.541.9%
+AU$4.1m
-23.6%PS214.2x
ENL EnliticAU$0.1730.8%
+AU$3.5m
n/aPS19.6x
CGS CogstateAU$1.201.7%
+AU$3.4m
-14.3%PE24.6x
GLH Global HealthAU$0.1426.1%
+AU$1.7m
-12.1%PS1x
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Latest News

M7T

AU$0.58

Mach7 Technologies

7D

-2.5%

1Y

-38.0%

PME

AU$134.21

Pro Medicus

7D

-0.5%

1Y

100.6%

ENL

AU$0.17

Enlitic

7D

30.8%

1Y

n/a

MDR

AU$0.54

MedAdvisor

7D

-3.6%

1Y

145.5%

ONE

AU$0.41

Oneview Healthcare

7D

-2.4%

1Y

102.5%

ADR

AU$0.019

Adherium

7D

5.6%

1Y

-74.7%

AYA

AU$0.23

Artrya

7D

-11.5%

1Y

0%

PCK

AU$0.042

PainChek

7D

44.8%

1Y

50.0%

CTQ

AU$0.015

Careteq

7D

15.4%

1Y

-57.1%

GLH

AU$0.14

Global Health

7D

26.1%

1Y

-12.1%

TD1

AU$0.0015

TALi Digital

7D

50.0%

1Y

50.0%